Property profile

0 Korean Restaurant Orion Township, MI 48362

OFF-MARKET
Commercial real estate
1,500 SF
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Property summary

AI-generated overview

This exceptional opportunity presents a fully operational Korean restaurant in the vibrant Orion Township, Michigan market. Located within a bustling shopping center on a high-traffic road, this 1,500 square foot establishment boasts impressive monthly sales averaging $25,000. The business has been operating successfully for less than a year, offering a strong foundation for continued growth. The current lease is in place, with a monthly rent of $2,900 inclusive of NNN expenses. The lease expiration date is not currently available. While most of the equipment is owned by the landlord and provided "as is," the flexible layout allows for potential conversion to other cuisines, such as sushi or Mediterranean, making this a versatile investment. The owner's reason for selling is relocation. This presents a unique chance to acquire a profitable, established business in a prime location with significant upside potential. The property is situated in Oakland County, Michigan, with a zip code of 48362. Serious inquiries only.

Property profile

Verified
Property type Commercial real estate
Total area 1,500 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Korean Restaurant Orion Township, MI 48362
Orion Township metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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